Danielle’s bi-weekly market update

Danielle was a guest with Jim Goddard on Talk Digital Network talking about recent developments in the world economy and markets.  You can listen to an audio clip of the segment here.

As mentioned, while the NASDAQ index (top line below since 1999) is off just 6% from its November high, internally, 50% of its constituent companies have already fallen 40% from their recent highs (bottom in blue).  At no other point since the dot-com bubble bursting has so many companies fallen like this while the index itself was so close to a peak.  A leverage train wreck is once more in motion.

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